
Sacramento, CA 95835
This 2023 Lennar Single Family Residence is a High-Potential Investment Opportunity, listed at $560,000—positioned well above the $552,248 Fair Market Value by approximately 1.4%. Despite the slight premium, the property offers a Mint Condition Rating and immediate cash flow as a tenant-occupied asset. Featuring a functional multigenerational layout with a first-floor bedroom and modern quartz kitchen, this home is a turnkey asset. It is an ideal acquisition for Buy-and-Hold Investors seeking immediate rental income or Owner-Occupants prioritizing a modern, low-maintenance lifestyle in Natomas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3554 Damora Avenue Subject | $560,000* List Price | 4 | 3 | 2,018 | $274 | - |
A 117 Shiplap Circle Sold | $546,642 | 3 | 3 | 1,815 | $301 | 0.3 mi |
B 9 Sea Hawk Place Sold | $495,000 | 3 | 3 | 1,859 | $266 | 0.5 mi |
C 3412 Shaker Way Sold | $560,048 | 4 | 3 | 2,011 | $278 | 0.3 mi |
D 18 Bellows Pond Place Sold | $476,000 | 4 | 3 | 1,992 | $239 | 0.6 mi |
E 6 Sea Hawk Place Sold | $545,000 | 3 | 3 | 1,962 | $278 | 0.5 mi |
F 18 Outer Banks Pl Sold | $490,000 | 4 | 3 | 1,992 | $246 | 0.3 mi |
G 5609 Gambrel Way Sold | $525,000 | 3 | 3 | 1,815 | $289 | 0.4 mi |
H 17 Narwal Place Sold | $490,440 | 3 | 3 | 1,992 | $246 | 0.6 mi |
I 3530 Damora Avenue Active | $599,000 List Price | 4 | 3 | 2,018 | $297 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this nearly new home is in mint condition with modern kitchen and baths featuring quartz countertops and stainless steel appliances. All systems (HVAC/Electric) are less than 2 years old, requiring no maintenance.
Priced approximately $70,000 below the builder's current base price for the same floor plan, this 2023 home offers immediate equity and includes completed upgrades like window treatments and a finished backyard.
The floor plan features a highly desirable first-floor bedroom and full bathroom, providing a perfect setup for guests or multigenerational living, complemented by a versatile upstairs loft.
Currently tenant-occupied at $3,150 per month, this property offers immediate cash flow for investors in a high-demand community featuring resort-style amenities and proximity to major transit hubs.
The modest 2,919 square foot lot and fully concrete backyard improvements leave very little room for gardening or traditional green space, which may deter buyers seeking a larger yard.
Being currently tenant-occupied may complicate the transition for owner-occupant buyers who require immediate possession or prefer a vacant home at the close of escrow.
Welcome to this beautifully maintained 2023 Lennar home in the highly sought-after Northlake community of Natomas! Offering 4 bedrooms, 3 full bathrooms, and 2,018 square feet of thoughtfully designed living space, this home blends modern style, functionality, and exceptional value. Step inside to an open-concept floor plan filled with abundant natural light, creating a bright and inviting atmosphere throughout. The spacious kitchen is the heart of the home, featuring quartz countertops, a stylish tile backsplash, stainless steel appliances, ample cabinet space, and a desirable gas range a standout feature no longer offered in the current phase of new construction. The first floor includes a bedroom and full bathroom, providing the perfect setup for guests or multigenerational living. Upstairs, a versatile loft offers endless possibilities as a second living area, media room, office, or playroom. Additionally, two generously sized secondary bedrooms share a well-appointed bathroom with dual sinks, quartz countertops, tile flooring, and modern finishes. Retreat to the spacious primary suite, complete with a large walk-in closet and an ensuite bathroom featuring dual vanities and an oversized walk-in shower. Outside, enjoy a low-maintenance backyard designed for entertaining with an expansive concrete patio and additional concrete improvements to the side yard and driveway space. Residents of Northlake enjoy resort-style amenities including a clubhouse, swimming pool, parks, and playgrounds, all while being conveniently located just minutes from Downtown Sacramento, Sacramento International Airport, major freeways, shopping, dining, and everyday conveniences. Currently tenant occupied with tenants paying $3,150 per month plus utilities, this is a fantastic opportunity for investors seeking immediate rental income. Priced approximately $70,000 below the builder's current base price for the exact same floor plan, this nearly new home also includes valuable upgrades already completed, including a gas range, window treatments, and a finished, low-maintenance backyard. With strong rental income and exceptional value compared to current new construction, this is an investment opportunity you won't want to miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,018 | - |
| Lot Size | 2,919 | - |
| Price | $560.0K | $505.7K |
| Price per sq ft | $278 | $341 |
| Built year | 2023 | 0 |
| HOA | $97 | $0 |
| Days on market | 7 | 42 |
Jul 16, 2026
$560,000
Initial Listing
Aug 24, 2023
$553,000
Public Record